Terms Used In Vermont Statutes > Title 24 > Chapter 33 > Subchapter 10 - Pension System; Insurance

• Annual meeting: when applied to towns shall mean the annual town meeting in March or an adjournment thereof. See
• Contract: A legal written agreement that becomes binding when signed.
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Fees: shall mean earnings due for official services, aside from salaries or per diem compensation. See
• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• Municipality: shall include a city, town, town school district, incorporated school or fire district or incorporated village, and all other governmental incorporated units. See
• road: shall include bridges thereon and their approaches. See
• Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
• State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
• Town: shall include city and wards or precincts therein; "selectboard members" and "board of civil authority" shall extend to and include the mayor and aldermen of cities; "trustees" shall extend to and include bailiffs of incorporated villages; and the laws applicable to the inhabitants and officers of towns shall be applicable to the inhabitants and similar officers of all municipal corporations. See